Market Gawk

United States Market and Economy

August 1st, 2007

links for 2007-08-02

The Amaranth transcripts
Instant messages between Canadian energy trader Brian Hunter and Amaranth Advisors LLC’s risk manager on a day Amaranth allegedly attempted to manipulate natural gas markets in the United States could point to weak supervision of a rogue trader trying to
(tags: hedgefunds trading)

Is this week’s rally a dead cat bounce? - MarketWatch
Focus: oil Services, […]

Original post by FeedZilla

August 1st, 2007

UAE results surpass expectations

UAE first half corporate results are higher than market predictions despite increasing operating costs, Gulf News reports. Real estate and infrastructure firms enjoyed healthy growth, with manufacturing and insurance companies feeling more pressure.

Original post by FeedZilla

August 1st, 2007

The Pain Moves Beyond Subprime

The debt and leveraged-buyout markets have stalled, and more trouble lies ahead

Original post by FeedZilla

August 1st, 2007

High inflation slows GDP

Soaring inflation is likely to slow the real GDP growth of Gulf states, particularly the UAE and Qatar, according to a National Bank of Dubai report quoted in Gulf News. Inflation is also increasing living costs, with Dubai leaping from the world's 73rd most expensive city in 2005 to the 25th most expensive in 2006 in a Mercer Human Resources survey. The IMF has warned that inflation will limit regional economic diversification plans.

Original post by FeedZilla

August 1st, 2007

Starbucks shares pick up steam; EA beats back price decline

SAN FRANCISCO (MarketWatch) — Stock in Starbucks Corp. picked up steam in late trading Wednesday after the coffee retailer posted a higher profit and reiterated its earnings view for the year.

Original post by FeedZilla

August 1st, 2007

Fund manager finds small-cap stocks with big growth prospects

SAN FRANCISCO (MarketWatch) — Quality can make a big difference with smaller-company stocks, especially in volatile periods such as investors have seen over the past several weeks.

Original post by FeedZilla

August 1st, 2007

Minneapolis bridge collapses, 3 deaths reported

SAN FRANCSICO (MarketWatch) — A bridge spanning the Mississippi River in Minneapolis collapsed Wednesday evening, sending cars into the water and killing at least three people, according to media reports.

Original post by FeedZilla

August 1st, 2007

Nasdaq Climbs 0.3% After A Volatile Session

NASDAQ stocks stooped to their lowest intraday mark since May before a late turn raised the composite 0.3% on higher volume Wednesday.

Original post by FeedZilla

August 1st, 2007

NYSE Stocks Reverse Higher In Lighter Trade

NYSE stocks surged higher in the last half-hour of trading Wednesday, as volume edged down. The Dow ended with the biggest gain, racking up 1.1%,…

Original post by FeedZilla

August 1st, 2007

Stocks Close Volatile Session With Positive Reversal

A late-day reversal hoisted stocks into the black Wednesday, with the Dow leading the way.

Original post by FeedZilla